PGIM High Yield Bond Fund, Inc. (NYSE:ISD – Get Free Report) announced a monthly dividend on Tuesday, March 4th, Wall Street Journal reports. Stockholders of record on Thursday, May 15th will be given a dividend of 0.105 per share on Friday, May 30th. This represents a $1.26 annualized dividend and a dividend yield of 8.84%. The ex-dividend date of this dividend is Thursday, May 15th.
PGIM High Yield Bond Fund has raised its dividend payment by an average of 5.1% annually over the last three years.
PGIM High Yield Bond Fund Trading Down 0.4 %
ISD opened at $14.26 on Thursday. The stock has a 50-day moving average of $13.95 and a 200-day moving average of $13.91. PGIM High Yield Bond Fund has a 52-week low of $12.20 and a 52-week high of $14.49.
PGIM High Yield Bond Fund Company Profile
PGIM High Yield Bond Fund, Inc is a close ended fixed income mutual fund launched and managed by Prudential Investments LLC. The fund is co-managed by Prudential Investment Management, Inc It invests in the fixed income markets of the United States. The fund primarily invests in a diversified portfolio of high yield fixed income instruments that are rated below investment grade (Ba1 or lower by Moody’s Investors Service, Inc or BB+ or lower by Standard & Poor’s Ratings Services).
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